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New Member
posted Jun 1, 2019 4:19:16 AM

How do I file taxes on turbo tax for airbnb. I made $3,600.00 on 2017, (step by step please)?

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1 Replies
New Member
Jun 1, 2019 4:19:17 AM

First, you will want to check whether your rental income from airbnb falls under the 14 Day Rule.  Under this rule, you don't pay tax on income you earn from the short-term rental, as long as you:

  • Rent the property for no more than 14 days during the year AND
  • Use the vacation house yourself 14 days or more during the year or at least 10% of the total days you rent it to others.

If your income does not fall under the 14 Day Rule, then you will need to enter your airbnb income.  Follow these steps below:

https://ttlc.intuit.com/replies/3288530

Also, here is an article about 10 Tax Tips for Airbnb, Homeawy, VRBO Vacation Rentals